Koenigsegg is one of the bidders left for Saab
By Andrew C., 27 Aug, 2010. 0 Comments
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There are reports saying that Koenigsegg, the Swedish supercar manufacturer, is one of the bidders left for Saab. The other bidder has been identified as Ira Rennert, an American financier, and his company Renco Group. It looks like Fiat has also some interest in Saab as part of its intention of taking over the European operations of GM. It was clearly stated by GM that Saab must go before the end of this year and three bidders have been included in the final list. A final decision is forthcoming within weeks. The anticipated battle, according to some sources, is between the American billionaire Ira Rennert and Koenigsegg. The latter has been reported to have been gathering support from some rich folks to finance the acquisition of Saab. [via autonews]
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